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Determining Financial Status of F-1 Students

 


The phrase "sufficient funds to cover expenses" referred to in 41.61(b)(2) REGS/STATS means the applicant must establish the unlikelihood of either becoming a public charge as defined in INA 212(a)(4) or of resorting to unauthorized U.S. employment for financial support. An applicant must provide documentary evidence that sufficient funds are, or will be, available to defray all expenses during the entire period of anticipated study. This does not mean that the applicant must have cash immediately available to cover the entire period of intended study, which may last several years. The consular officer must, however, require credible documentary evidence that the applicant has enough readily available funds to meet all expenses for the first year of study. The officer also must be satisfied that, barring unforeseen circumstances, adequate funds will be available for each subsequent year of study from the same source or from one or more other specifically identified and reliable financial sources.

 

Determining Financial Status of M-1 Students

 


All applicants for M-1 visas must present evidence that they have immediately available to them funds or assurances of support necessary to pay all tuition and living costs for the entire period of intended stay. Additionally, consular officers are authorized, at their discretion, to require evidence of payment of round trip transportation in advance of the alien's travel to the United States.

 

Funds From Source(s) Outside the United States

 


Whenever an applicant indicates financial support from a source outside the United States (for example, from parents living in the country of origin), the consular officer must determine whether there are restrictions on the transfer of funds from the country concerned. If so, the consular officer must require acceptable evidence that these restrictions will not prevent the funds from being made available during the period of the applicant's projected stay in the United States.

 

Affidavits of Support or Other Assurances by an Interested Party

 

Various factors are important in evaluating assurances of financial support by interested parties:

  1. Financial support to a student is not a mere formality to facilitate the applicant's entry into the United States, nor does it pertain only when the alien cannot otherwise provide adequate personal support. Rather, the sponsor must ensure that the applicant will not become a public charge or be compelled to take unauthorized employment while studying in the United States. This obligation commences when the alien enters the United States and continues until the alien's departure.
  2. The consular officer must require documentary evidence to resolve any doubt that the financial status of the person giving the assurance is sufficient to substantiate the assertion that financial support is available to the applicant.
  3. If the person giving the assurance is in the United States in nonimmigrant status, the consular officer must examine the evidence presented with exceptional care. Is the sponsor's financial situation sufficient to provide the funds without need to resort to unauthorized employment? Is it likely to worsen during the period of the commitment, possibly compelling the applicant or the sponsor to resort to unauthorized employment? Will the nonimmigrant sponsor remain in the United States at least as long as the student?
  4. The consular officer must also carefully evaluate the factors which would motivate a sponsor to honor a commitment of financial support. If the sponsor is a close relative of the applicant, there may be a greater probability that the commitment will be honored than if the sponsor is not a relative. Regardless of the relationship, the consular officer must be satisfied that the reasons prompting the offer of financial support make it likely the commitment will be fulfilled.
 

Funds From Fellowship and Scholarships for F-1 Students

 


A college or university may arrange for a nonimmigrant student to engage in research projects, give lectures, or perform other academic functions as part of a fellowship, scholarship or assistantship grant, provided the institution certifies that the student will also pursue a full course of study.

 

 

 

 

 

 

 

 

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